Cysic Unveils ComputeFi: A Hardware Tokenisation Model, Enabling Access To High-Performance Compute Infrastructure
Zero-knowledge proof-oriented Layer 1 network, Cysic, introduced ComputeFi—a hardware tokenisation model enabling developers and users to access high-performance computing power through on-chain assets. This system provides both developers and users with a decentralized means of utilizing compute infrastructure. In light of escalating GPU and specialized chip costs, along with the concentration of computing resources among major entities, ComputeFi is intended to offer a more cost-effective and widely distributed alternative for accessing compute capabilities.
“ComputeFi is designed to unlock real-world utility in crypto,” said Leo Fan, Co-Founder of Cysic in a written statement. “We wanted to ease the cost of scaling real-time applications, and help to generate sustainable yield for the biggest crypto use cases today: crypto mining, AI inference, and zero-knowledge proving,” he added.
Amid reports of Nvidia increasing GPU prices by as much as 15% and forecasts indicating that the global chip market may grow at a compound annual growth rate of 7.26% through 2033, the cost of accessing computing resources continues to rise. This trend is creating barriers for smaller development teams and emerging projects, restricting their capacity to deploy scalable and real-time applications. ComputeFi presents an alternative approach by reducing the financial threshold required for compute access while enabling participants to benefit from rewards linked to the underlying infrastructure.
ComputeFi: Transforming Physical Computing Equipment Into On-Chain Digital Assets
ComputeFi transforms physical computing equipment—such as GPUs, zero-knowledge chips, and mining rigs—into on-chain digital assets that can be accessed or utilized by a broad range of participants without the need for direct ownership or physical storage. These assets are governed by smart contracts, which are responsible for monitoring hardware performance, distributing rewards automatically, and maintaining transparent records of activity on the blockchain.
This model introduces a more accessible framework for obtaining computing resources, particularly for those engaged in blockchain, AI, and privacy-focused technologies. By facilitating direct interaction between hardware infrastructure and users or developers, the ComputeFi approach from Cysic aims to reduce the concentration of computing capabilities and promote a more distributed and inclusive resource network within the digital ecosystem.
“Most people can’t afford to buy and operate high-end compute hardware,” said Leo. “ComputeFi bridges this gap. It connects those who need compute with those who have it, and allows anyone to generate yield from the infrastructure that powers blockchain, AI, and mining technologies.”
In response to projections that the global chip market could grow at a compound annual growth rate of 7.26% through 2033, and amid reports suggesting a potential 15% price increase for Nvidia GPUs, the overall cost of computing resources is on an upward trajectory. This rising expense is creating challenges for smaller developers and early-stage projects, limiting their ability to launch scalable and real-time applications. ComputeFi introduces a model intended to ease these constraints by lowering the financial entry point for accessing computing power, while also offering mechanisms for participants to engage with and derive value from the infrastructure that supports these technologies.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
